Impact of dockworker strike on medicine, medical device supply currently assessed as ‘limited’
By
Kathleen Steele Gaivin
Oct 03, 2024
Supply chains could be disrupted by striking dockworkers at the country’s East Coast and Gulf Coast seaboards, but the Department of Health and Human Services said Monday that preliminary assessments...
HUD proposes closing qualified contract loophole for LIHTC transactions
By
Kathleen Steele Gaivin
Aug 19, 2024
The Department of Housing and Urban Development has proposed guidance meant to close the qualified contract loophole in the Low Income Housing Tax Credit program for Federal Housing Administration multifamily...
Charter Senior Living expands national footprint with 3 senior communities under development
By
Kathleen Steele Gaivin
Jul 31, 2024
Naperville, IL-based Charter Senior Living has broken ground on three senior living communities in three different states, the company announced Monday.
Actions & Transactions, July 15
By
Kathleen Steele Gaivin
Jul 15, 2024
Ziegler prices financing for Carolina Meadows’ $76.1M bonds … BWE secures $47M to refinance senior living community in Richmond, VA … Affordable senior housing opens in Yonkers, NY … RMR Group...
Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
Business briefs, April 16
By
Kathleen Steele Gaivin
Apr 16, 2024
US News Best Senior Living program grows to recognize 1,703 communities in third year … CareTrust REIT awarded ISS ESG ‘prime’ status for 2024 … Woodlands Senior Living earns assisted living...
Business briefs, April 11
By
Kathleen Steele Gaivin
Apr 11, 2024
Consumer Price Index increases by 0.4% … New group to advocate for retirement-related public policies … Fitch Ratings affirms Asbury Maryland at BBB; outlook stable
Older adults’ net worth surges following pandemic
By
Kathleen Steele Gaivin
Mar 13, 2024
Home and stock prices have increased substantially since the COVID-19 pandemic, resulting in a $91,000 median increase in net worth between 2019 and 2022 for households headed by someone aged 65 or more...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Regional Health Properties to simplify capital structure, reduce expenses
By
Kathleen Steele Gaivin
Nov 27, 2023
Atlanta-based Regional Health Properties plans to further simplify its capital structure and reduce corporate expenses, President and CEO Brent Morrison said in a press release announcing the company’s...